Audit fund; payment for audits; expenses of auditor
Known as the Audit Act
The act spans §§ 12–12 (15 sections).
1953 Comp., § 4-31-13, enacted by Laws 1969, ch. 68, § 13.
A. There is created in the state treasury the "audit fund" into which the state auditor shall deposit all fees and costs received from agencies audited by him.
B. Payments for salaries and expenses of the state auditor shall be made from the audit fund, and the fund shall not revert at the end of any fiscal year.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.